**Key Points of the Article:**
– Silicon Valley investors have invested around $800 million in a vast tract of land in rural California.
– The plan is to construct a novel eco-friendly city on this undeveloped property.
– This initiative showcases a promising trend of tech titans shifting focus towards sustainable development.
Green is the New Gold: Silicon Valley Eyes Eco-City Development
A wide expanse of rural California is chalked-up for a hefty makeover, thanks to massive investment from Silicon Valley investors. With a whopping estimated investment of around $800 million, the plan is set to construct a new eco-friendly city sprawled across an incredible 80 square miles of untouched land.
Merging Tech and Sustainability: A New Outlook
This ambitious venture indicates a promising shift in perspective from Silicon Valley’s digital masters. This project is not just an attempt at real estate expansion but rather a dynamic initiative towards sustainable development. A step that is seen as positive, beneficial, and necessary in today’s climate-frail environment.
The investors’ game plan is to transform this huge parcel of rural California into a modern, sustainable, and eco-friendly city. The vision comprises of green buildings adopting renewable energy sources, extensive green spaces to increase the net carbon absorption, waste management facilities that focus on recycle and reuse, and public transportations operating on clean energy to lower the carbon footprint.
The Breezy Take
This eco-city venture in rural California by Silicon Valley investors is not just a home run in the real estate sector, but is also a triumphant leap towards sustainability. It’s fascinating to observe these tech giants, who have the world at their fingertips, turning their focus towards a greener and more sustainable way of living. This endeavor not just accentuates the importance of sustainable living but also sets a benchmark for future constructions. And if they manage to successfully execute this vision, it could just be the prototype for the cities of the future. It appears green is indeed the new gold.
Original article: https://apnews.com/video/california-sacramento-government-programs-urban-farming-reid-hoffman-085fac030a5146f6945a94292ace804e